![](https://assets.weforum.org/article/image/mtvHCfaHPNi11dVmyJM94pS1f2e78FdlxlA2bRZz71U.jpg)
Why we need to complement, rather than replace, GDP
While we recognize the historical rationale of GDP and its unintentional shortcomings, it's time for an alternative.
Dr Mark Esposito is a Professor of Business and Economics at Hult International Business School and at Harvard University’s Division of Continuing Education. He also works as Professor of Economic Policy at the Mohammed Bin Rashid School of Government in Dubai. His areas of specialization include economics, strategy, foresights, and management of technology. He is recognized internationally as a global thought leader in matters relating to the Fourth Industrial Revolution, and the changes and opportunities that technology will bring to a variety of industries.
Esposito is Co-Founder & Chief Learning Officer at Nexus FrontierTech, an AI scale-up venture. In 2021, he co-founded the Circular Economy Alliance where he serves as Chairman of the Strategic Foresight Board. He is a Senior Advisor to the Ideation Center of Strategy& at PwC in Dubai, and a Distinguished Fellow in the UNESCO Chair in Future Literacy of Finance. He is a global expert of the World Economic Forum, an advisor to national governments, and currently serves as Subject Matter Expert for the Prime Minister's Office in the UAE. He equally serves as advisor to Cambrian Futures, a Geotech advisory firm.
While we recognize the historical rationale of GDP and its unintentional shortcomings, it's time for an alternative.
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